New York City » 11215 » 2nd St » 488 2nd St

488 2nd Street, Brooklyn, NY 11215 - Property report

Also known as: 488 2nd St

Property image for 488 2nd Street, Brooklyn, NY 11215

Property type

Miscellaneous Two Family (B9)

Year built

1901

Lot sq. ft.

1,958

Sale price

$3,148,000

General information

Address

Primary address

488 2nd Street

ZIP code

11215

Neighborhood

Park Slope

Borough

Brooklyn

Block & lot

00976-0031

Building

Property type

Miscellaneous Two Family (B9)

Building sq. ft.

3,540

Building dimensions

19.58 ft x 45 ft

Buildings on lot

Stories

Year built

1901

Building material

Brick

Exterior wall

Brick/Masonary

Basement

Sales

Sale date

07/17/2020

Sale price

$3,148,000

Tax

Tax year

2026-2027

Property tax

$12,925

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Frontage(s)

2 Street (narrow)

Nearest wide street

3 Street

Distance to wide street

Lot dimensions

19.58 ft x 100 ft

Lot sq. ft.

1,958

Area overview

Walk score

97 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

91 /100. Biker's Paradise

School district

Community district

Closest police station

0.69 Miles

Closest fire station

0.24 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 488 2nd Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 488 2nd Street, Brooklyn, NY 11215

Sale date	Sale price	Buyer name	Seller name
07/17/2020	$3,148,000	XXXXX, XXXXX XXX XXX, XXXXX	XXXXX, XXXXXXX XXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/24/2020 - R 07/17/2020 - D	Mortgage (2020080700624005)	XXXXX XXXXX	XXXXX XXXXX XXXX XX
08/24/2020 - R 07/17/2020 - D	Deed (2020080700624004)	XXXXX XXXXXXX XXXX	XXXXX XXXXX
08/24/2020 - R 07/07/2020 - D	Power of Attorney (2020080700624003)	XXX XXXXX	XXXXX XXXXXXX
08/24/2020 - R 07/07/2020 - D	Power of Attorney (2020080700624002)	XXXXX XXXXX	XXXXX XXXXXXX
08/24/2020 - R 06/05/2020 - D	Power of Attorney (2020080700624001)	XXXXX XXXXXXX XXXX	XXXXXXX XXXX
07/11/2018 - R 05/08/2018 - D	Deed (2018070800017001)	XXXXX XXXXXX X	XXXXX XXXXXXX XXXX
12/01/2008 - R 11/24/2008 - D	Satisfaction of Mortgage (2008112500502001)	XXXXX XXXXXX X	X X XXXX XXXXX XXXXXXXX XXXXXXXXXXX
09/18/1996 - R	Assignment, Mortgage (3660005345066)	XXXX XXX	XXXXX XXXXX XXXXXXXXXXXXXXXXXXX
11/09/1993 - R	Agreement (3500001813850)	XXXXX XXXXXX X	XXXXXXXXXX XX XXX XXXXX
03/31/1992 - R	Assignment, Mortgage (3520001678052)	XXXXX XXXXX XXXX XXXX	XXXXXXXXXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 488 2nd Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$12,925

Municipal exemptions

Recent tax assessments

Market value

$6,050,000

Assessed value

$363,000

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$4,756,000	$285,360	$65,138	19.843%	$12,925	$11,487	+5.28%
2024/25	$4,547,000	$272,820	$61,484	20.085%	$12,349	$10,911	+6.76%
2023/24	$4,346,000	$260,760	$58,044	20.085%	$11,658	$10,220	-12.49%
2022/23	$3,759,000	$225,540	$57,508	20.309%	$11,679	$11,679	+7.78%
2021/22	$3,504,000	$210,240	$54,282	19.963%	$10,836	$10,836	-5.14%
2020/21	$3,769,000	$226,140	$54,282	21.045%	$11,424	$11,424	+5.33%
2019/20	$3,527,000	$211,620	$51,237	21.167%	$10,845	$10,845	+7.18%
2018/19	$3,828,000	$229,680	$48,370	20.919%	$10,119	$10,119	+3.58%
2017/18	$4,187,000	$251,220	$47,923	20.385%	$9,769	$9,769	+8.03%
2016/17	$3,424,000	$205,440	$45,235	19.991%	$9,043	$9,043	+2.23%

Permits

Permit information for 488 2nd Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
06/18/2021	Alteration
06/09/2021	Alteration type 2
09/28/2020	Alteration
07/28/2020	Alteration
07/25/2020	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

HPD Violations

Violation ID	Inspection date	Class	NOV issue date	Status
	03/16/2004	B

*Most recent HPD violation on record for this property.

Neighborhood

Park Slope residential market stats

Access a detailed real estate market overview of Park Slope so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Park Slope and compare it to other neighborhoods in Brooklyn.

Median sale price

$1,619,646

12.4% Y-o-Y

Median price/sq. ft.

$1,514

6.4% Y-o-Y

Brooklyn median sale price

$899,000

6% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

7th Ave & 9th St at NE Corner

Station lines

Distance (miles)

0.32

View subway map

Access the detailed traffic volume map for 488 2nd Street, Brooklyn, NY 11215 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Schools

Nearest elementary schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
P.S. 321 William Penn	9	Yes	Public	K-5	1,216	0.04
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.20
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.20
St Francis Xavier School	NR	No	Private	PK-8	175	0.24
St Francis Xavier School	NR	No	Private	PK-8	175	0.24
P.S. 39 Henry Bristow	9	No	Public	K-5	344	0.28
The Montessori School of New York - Brooklyn	NR	No	Private	PK, K-6	0	0.30
P.S. 282 Park Slope	5	No	Public	PK, K-5	496	0.37
P.S. 282 Park Slope	5	No	Public	PK, K-5	496	0.37

Nearest middle schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Park Slope Collegiate	4	No	Public	6-12	577	0.14
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.20
St Francis Xavier School	NR	No	Private	PK-8	175	0.24
Saint Saviour Catholic Academy	NR	No	Private	PK, K-8	370	0.30
Ms 51 William Alexander	7	No	Public	6-8	1,026	0.31
Poly Prep Lower School	NR	No	Private		0	0.34
Berkeley Carroll School	NR	No	Private	PK-12	977	0.40
P.S. 372 The Children S School	NR	No	Public	PK, K-8	436	0.51
P.S. 77	NR	No	Public	K-12	304	0.53
Ms 266 Park Place Community Middle School	4	No	Public	6-8	69	0.53

Nearest high schools

Name	Rating	Att. zoned	Type	Grade range	No of students	Distance (miles)
Millennium Brooklyn High School	10	No	Public	9-12	721	0.14
Park Slope Collegiate	4	No	Public	6-12	577	0.14
Cyberarts Studio Academy	2	No	Public	9-12	298	0.14
John Jay School for Law	3	No	Public	9-12	461	0.14
Berkeley Carroll Elementary School	NR	No	Private	PK-12	940	0.20
St Saviour High School	NR	No	Private	9-12	400	0.31
Poly Prep Lower School	NR	No	Private		0	0.34
Berkeley Carroll School	NR	No	Private	PK-12	977	0.40
P.S. 77	NR	No	Public	K-12	304	0.53
Al-Madinah School	NR	No	Private	PK-12	790	0.54

Neighbors for 488 2nd Street, Brooklyn, NY

482 2nd St, Brooklyn 466 2nd St, Brooklyn 498 2nd St, Brooklyn 500 2nd St, Brooklyn 200 7th Ave, Brooklyn 472 2nd St, Brooklyn 490 2nd St, Brooklyn 494 2nd St, Brooklyn 486 2nd St, Brooklyn 476 2nd St, Brooklyn 499 3rd St, Brooklyn 480 2nd St, Brooklyn 474 2nd St, Brooklyn 468 2nd St, Brooklyn 492 2nd St, Brooklyn 478 2nd St, Brooklyn 496 2nd St, Brooklyn 196 7th Ave, Brooklyn 202 7th Ave, Brooklyn

Frequently asked questions

What is the year built for 488 2nd Street, Brooklyn, NY 11215?

The development at 488 2nd Street, Brooklyn, NY 11215 was built in 1901.

What is the total square footage of 488 2nd Street, Brooklyn, NY 11215?

488 2nd Street, Brooklyn, NY 11215 has a total of 3,540 square feet.

When was 488 2nd Street, Brooklyn, NY 11215 last sold and what was the sale price?

488 2nd Street, Brooklyn, NY 11215 was last sold on 07/17/2020 for $3,148,000.

What is the assessed value of 488 2nd Street, Brooklyn, NY 11215?

488 2nd Street, Brooklyn, NY 11215 is currently assessed at $363,000.

What are the property taxes for 488 2nd Street, Brooklyn, NY 11215?

The property taxes for 488 2nd Street, Brooklyn, NY 11215 total $12,925.

How many residential units does this building have?

This building has 2 residential unit(s).

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.